The Financing of Small and Medium Enterprise in China: A Case Study of China’s Pawn-broking Industry

DOI

10.2991/itms-15.2015.431How to use a DOI?

Keywords

Pawn-broking; Pawn Financing; Financial Regulation

Abstract

This paper analyzes the four governmental regulations on pawn-broking industry in China, which includes the recessive regulation of market access, the strict regulation on financing of pawn enterprises, the regulation of the cap of lending rates and the unreasonable regulation to the dispose of overdue pawned objects. From the respect of law and economics, this paper analyzes the loss of producer surplus in pawn-broking caused by regulation. This paper finally puts forward some reasonable suggestions on development of China’s pawn-broking industry.

Copyright

© 2015, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - L.M. Zhou
PY  - 2015/11
DA  - 2015/11
TI  - The Financing of Small and Medium Enterprise in China: A Case Study of China’s Pawn-broking Industry
BT  - Proceedings of the 2015 International Conference on Industrial Technology and Management Science
PB  - Atlantis Press
SP  - 1768
EP  - 1771
SN  - 2352-538X
UR  - https://doi.org/10.2991/itms-15.2015.431
DO  - 10.2991/itms-15.2015.431
ID  - Zhou2015/11
ER  -